Corporate Bonds
October 10th, 2008 9:13 am | by John Jansen |The IG 11 is north of 200 and a recent quote was real but very wide at 201/211. I do not recall where it closed yesterday but I believe it opened 24 hours ago at 176 1/2.
The IBM 10 year which I wrote about yesterday is underwater. It is 400/395. It priced at 388 over the 10 year Treasury.
One Response to “Corporate Bonds”
By anon on Oct 10, 2008 | Reply
Lehman initial price 9.75 cents on the dollar.